ICT Mentorship 2023 Ep 01

ICT Mentorship 2023 Ep 01

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Morning Folks! Happy New Year it is January 1st 2023 and in the first day of 2023 mentorship first things first a little bit of housekeeping if you're new or if you're just beginning under my wing as I student of smart money Concepts this is my YouTube channel and one of the questions that keeps coming up all the time by new subscribers or casual viewers is where do I begin there's a lot of videos here so let's take a look at what my opinion is big over to the playlist button here scrub over if you are a Forex Trader or a Forex Trader in the making and this is where you want to start okay the market maker primer course Market maker series and pattern recognition series okay after you complete that go with geometry high probability scalping and then go through scout sniper basic Field Guide and then start the core content lessons here this is the month one month two three four five six seven so one until you get to the last one if you are wanting to go into the meat of everything that I'm gonna be focusing on this year which is primarily index Futures Trading I will be doing commentary every day Monday through Friday or the equivalent thereof barring personal schedule conflicts or holidays for Forex I'll be covering the dollar Index the euro dollar the British pound and I will be covering the index features es and NQ so every day I'll have my opinion shared as far as what I think on a macro view daily chart bias will be shared with you from my perspective and then obviously all of my engagements intraday will be on the index features so I'll be teaching with two live streams per week going over real-time price feed so that way you can study real-time price delivery and algorithmically and it is not a signal service you will not see me press a button I'm not going to do any kind of trading in front of you but I will be calling the market live only one in five minute basis that we can see there's a high degree of precision things that are algorithmic are in price delivery you'll see this repeating and why only two times a week because it's going to be a up to two hour session so if I'm doing two of them it's basically four hours of crunch time that you're going to go through in the entire video will be uploaded for those individuals that can't be here live when it happens okay so it's going to be a full plate of ICT goodness through 2023 the second part is you're going to want to subscribe I know some of you don't want to be on Twitter but it's going to be a backup system for me so while YouTube will have its live stream two times a week that will be a varying schedule it'll be based on the economic calendar and you'll see what I mean when we get into February this is my official Twitter account if you go to the YouTube channel upper right hand corner it says official ICT Twitter click on that it'll open up to my profile notice the pinned tweet here from October 5th 2022. at 7 49 a.m this is how you know it's the right account everything here it should be self-explanatory okay I'm not going to invite you into a telegram Channel I'm not going to invite you into Instagram Channel I'm not going to invite you to Discord I don't use it I will never DM you ever and you can't DM me everything you're going to be learning this year is free I'm not doing an upsell there is no future mentorship I don't have anything else in the works except for four books one is a fiction and three are going to be educational so that's the only thing you're going to get in the future with a price tag on it and you don't even have to buy that but it's kind of like my last Soiree and uh in paid mentoring I guess education it's like my bullet point and Final tack on the wall saying this is it you know good luck and enjoy it we'll come back to this Twitter in a second now if you go over to the videos I just uploaded two of them yesterday I did the real quick rendition of my PM session trade on ES well Friday last trading day of the year and it's usually a very short vignette I speed up the whole entire process of what I did and most of you like that because it's real short and to the point sometimes I add music sometimes I don't and I annotate the video entirely well I got lots of requests for can you show the real time without any of the speeding up so that's what this is here and I have it set on playback 0.25 to show you that I had questions from folks that were saying you know is this really live or was it recorded after effect and I want you to see the last frame as I close trading View you'll see the system time matches the the time of real-time made data look in the lower right hand corner if you watch the lower right hand corner you'll see that the time on my computer matches the real-time data time just as I close trading View it's only their area so let me go down to the default and you can see it's 402. on December 30th okay so and you can obviously look at that on your own so everything here was done live with real-time data through trading View if we go to profile on YouTube again you go to the final trade of 2022 in real time tradingview platform video click on that go down into the video description you'll see a link that takes me or takes you rather the viewer into a thread that was started and shared on Friday in the morning so you can see the time 7 41 am is New York time December 30th 2022 I'm telling you right I made a mistake I said this is the uh the contract month and then I correct yeah right here at 7 42 A.M and I walk everybody through the charts okay so here's your daily chart four hour chart including the Thursday High and the low and the ranges thereof and I go through I don't want to steal the Thunder from it all for you to go through yourself but I actually walk through everything in the morning beforehand what levels I'm looking for and you'll notice right here okay let me scroll down real quick okay at 8 20 am there is your bicycle Depot okay all the levels down here the market going to draw into but this is where I'm going to take your attention to later on and you'll see what I mean by that by watching the video again and going through all the annotations here okay so once you have that you're going to want to subscribe to my Twitter usually I'm very busy on Twitter I tweeted a lot in the past um I'm gonna be only using this in 2023 going forward as a like an alert to get your attention to hey look at this you know to prompt you in the event it's not a live session now on the days of the live session obviously I wouldn't be doing any tweaks I'm not going to be doing any more Twitter spaces where I do like it's kind of like a podcast they're not going to be going on anymore okay so uh you got the last one yesterday so you want to have the notifications on for Twitter so that way anytime I'm alerting the subscribers to this channel on Twitter it will be Salient to real Market event or something that may be a schedule change okay maybe I'll have something scheduled for YouTube for a live session if something changes in my personal life something comes up an emergency anything happens you're going to get a tweet directly from me and it'll be informing you as to what it is needed to be done for you as the subscriber and viewer and student you don't have to subscribe but just don't complain that you don't know when I'm doing something because it's all going to be alerted through this account here okay so now let's go over to the chart okay and I want you to see this is what the chart looks like when you open a trading View and this is what I'm working with now when I want to maximize everything [Music] I click on this it which brings up my toolbar down here and then I maximize there okay so that's how the chart looks when I'm doing my recordings so that way if I have to grab something down here from the favorite list of things I like to work with as you see it's it's not a lot of things it'll allow me to go through and add all the annotations now real quick you'll see all that stuff that was in the recordings and in the pre-markup they're all there okay that's what the chart looks like after the fact okay so we talked about how the market would likely be an inside day on Friday this was Thursday's trading and here's Friday the reason why I kind of suspected it would be like that and I tweeted it beforehand the idea is that it was the last trading day it's not likely to have a big move lower it's not likely to have a big move higher a lot of basically you know institutional funds and money would be on the sidelines not doing very much at all if anything squaring positions no the question is is what positions would be squaring if you look at what we've seen in December it's pretty much been down and we had no Santa Claus quote unquote rally much like I said we wouldn't and we would consolidate which is what we did here we just banged around in a small little range I took everyone's attention to Thursday's high and low and said that we would be inside that range it would be an inside day that's Friday we had a lower high then Thursday's High and a higher low than Thursday's low so we're going to drop down into a four hour chart maximize this [Music] add the annotations [Music] okay and trust me we'll go through this so here's the the lows I'm focusing on that was based on Thursday and Thursday's High below all lows is South Side liquidity basically cell stops above old highs is Buy sell liquidity basically buy stops that is liquidity okay when we have a range like from this candle's high and that candle is low now if you're not looking at Old highs and old lows for liquidity you're looking for inefficiencies for instance like this candle's High did that candles low only one candle passed between the scandals low and this candle's High this is a buy side imbalanced cell side and efficiency it is not a liquidity void a liquidity void is an actual Gap like this between those candles high and that candle is low that is a liquidity void notice how the market goes back up above the short-term High here right there where the bodies stop in this swing High right in here I'm just going to borrow a line real quick [Music] [Music] okay you see how the by side above this short-term High was taken but it was more specifically aiming for that liquidity void why what had to happen there in between this candle's high neck handle is low we only have this single candle passing through which direction did it pass through between this low and this high down so to balance to balance this out it has to go through it once it comes up into it halfway that's consequent encouragement and then comes back up one more time a full return see that so we have a pass-through down then pass up this area here becomes a balanced price range once we leave it to inside this four hour candle we're going to leave this here and we're going to come back into it with a lower time frame but just note that these levels here in fact let's change it to a heavy dashed line and it'll make more sense when you get into lower time frames even though it's ugly looking but then we have inefficiencies in here that are actually seen on the lower time frame as you'll see which I've walked through on the Twitter account on Friday morning and I know some of this is probably very complicated feeling already but everything's like that when you first get involved in it if you want highly precision based trade executions and Analysis it's going to take a little bit of work and it's okay just warm up the idea that we're here together for the entirety of 2023 and I promise you're going to get what you're looking for you have to show up every day though and take notes all right so we're going to drop down into the hourly chart okay and I'll scroll back over here so here is the low from Thursday's trading in the liquidity thereof and Thursday's high so we have previous days low cell solid Cody pool noted and Thursday's High side look totally noted so if we're going to be expecting an inside day as I was suggesting we would see on Friday before the market got off and started trading in 8 30 and 9 30 opening that whole premise of being inside day is relative to this high in that low meaning that we're not going to go lower which we didn't and we're not going to go higher which we did so that's a narrative okay that's not bias bias would be which direction are you Trading narrative is is how is the day going to trade and what's it likely to aim for as a result that's not bias okay it's a game plan it's a road map as to what it should do okay much like if you were traveling you know where you want to go and you you know where you are if you've been there before you probably have alternate routes in mind you don't necessarily need to have a map but with a map you can articulate to someone that may have never traveled there from where you are multiple routes well that's narrative you can provide a narrative between point A to point B because you've been there with experience in the market there's a narrative that the market will likely drive towards One Direction liquidity higher or lower based on a procedure okay or a list of events that would transpire before it would do that what would be an example of that well taking out a previous day's low just to run out previous days high that's an extreme but it can happen the absence of something like that when there's low volatility expected would be staying inside the previous day's range now if it's a Monday you're looking at and you're anticipating an inside day you'd be referring to previous day of Friday the previous last trading day because the weekend we can't trade Industries so it's a matter of knowing what you're looking for and how it's likely to deliver in price that's narrative that's a little bit complicated and it's going to take some time with me throughout 2023 to kind of get a feel for what that is I don't always know exactly what the narrative is going to be sometimes I go in with an expectation is going to do this or that and I have to adjust and I have to adapt to what the Market's doing because manual intervention can come in and upset what I believe the algorithm is likely to do it doesn't mean that I don't know how to find another trade that would not necessarily be in alignment with that pre-market analysis or narrative in mind it just means that I have to be just like everyone else adaptive to what the Market's going to do it's it's a living breathing breathing organism okay and it's going to make its decisions based on the people that run it okay it's not buying and selling pressure that does it so if we drop down into a 15-minute time frame you can already see the the signatures of it running up once it leaves it comes back up we'll go into that in a minute let's do a 15-minute chart if you're new and all of this seems like it's going over your head I promise if you go through all of the mentorship 2022 it's 41 videos they're not all very long it will help you understand what I'm I'm showing you here as well but here's that old real liquidity void where the market leaves it comes back up hits it can't get back into it again why because now it's a balanced price range the market moves lower and then drift slower and then we have all of our imbalances now from the hourly chart which was this to this let me let me go back up one more time I'm sorry I didn't do a good job there this candle's high that candle's low that's your bicenter balance cell sign efficiency only hourly chart now we can drop down into the 15. that's that same range there to there but now we have more candles in it okay so I'm highlighting the fact that we have this range between this candle's high and that candle is low that's this right here okay I'm holding it so that we can see the difference in the contrasting blue colors now when I'm trading and this is going to be a very difficult thing for me to get through admittedly I I don't trade with anything on my chart I see the levels and then I work with them on the chart naked I don't have any of this stuff on it this is only to draw your attention to what my mind is considering Salient to the Market's delivery at the time of real-time data so when I'm looking at price and I'm studying price if I'm looking for a setup or if I'm managing a position that hinges on all these types of things and while I may not have them on the chart and that's why it's sometimes confusing when I show my examples I have very little things on my chart because it's distraction to me but as a new student you're going to want to need to see these things on the chart so that way you can respect the level of precision and how the algorithm will respond to them and I'll explain more of that as we go but we have a buy sell and balance outside efficiency here on the 15-minute chart as well and this yellow one will see that when we drop down to the five minute okay and here is the five minute chart and we're gonna scrub over here to same thing this one candle here it's high right there that candles High that candle is low that's what I'm highlighting and that's what the yellow range is showing okay so that's the five minute Fair Vegas so what we have is nested PD arrays in the form of a fair value Gap the larger one here on the four hour the hourly is with the trend lines the 15-minute chart and then finally the five minute chart so reducing all of the things down to a five minute chart and these relative equal highs over here and we'll see that on a one minute trial it'll align if I move it here it messes up the alignment I have for my one minute chart savings so here we have it leaving that balance price range earlier with that liquidity void the real liquidity volume it leaves it breaks a low there and comes back up and just says I can't get back up in there and even leaves what that little gap between that candle is low and that candle is high open right there and then it moves lower down into the hourly imbalance digs in deeper into the 15-minute chart in balance and then into the five minute chart and balance right there and then you watch me record a five handle move using the volume and balance which you'll see when we get into a one minute chart you can watch the recording on Twitter too it was shared yesterday or Friday morning and then we have a market dive lower back in this old order flow here then it gets sloppy in my attention was on the 3864 which is how I left Twitter Friday morning I said note 3864 at relative equal highs okay that was also shared in the chart in the morning before the markets are started moving around a lot Market trades down to the low end of that four hour imbalance trades this a little bit outside of it then hits the load look at that that's perfect that's precision Market rallies it comes right back up into both the the hourly the 15 minute in the five minute and now extending all those ranges into time later in the day so if we take our vertical line and annotate the three o'clock hour which would be 1500. I apologize I should have said this at the beginning because if you're looking at trading view you always no matter where you are globally you always have the time settings on trading view set to New York if you don't do that number one you will not be in alignment with the algorithm and you will not be in alignment with my analysis you'll be hard pressed to find the things I'm showing you in the chart it'll be confusing I know it may be an adjustment for you but trust me the markets run on this time okay forget anything else anybody's ever told you this is what you use okay so just scroll through one trading View and make sure your your time is always set to New York now for indices if we're seeing daylight savings time effect because every year to talk about how they're likely to do away with it I wish they would personally but whatever you're doing if you're trading index Futures you're going to always use New York local time whether it's daylight savings time or whatever okay it's never issue for me for trading Forex but for stock indices I'm going to be using it relative to New York time okay so hopefully that clears it up for kill zones and operating hours now we're going to drop down to a one minute chart okay and here is the PM session three o'clock to four o'clock this is a small little window of opportunity that if you are looking for just something that is going to be a real easy small window of trading you don't have a whole lot of time and you want to just really go in there and look for something that's going to offer five handles or more five handles would be like this if you have a move say from 36 even down to 31 even okay that much of range is five handles it's not much and you can see having that there's lots of opportunities to find five Handles in all this movement I know it probably doesn't feel like it's easy but I promise it's it's there it's very easy to do after you know what you're looking for what is it you're looking for well we had a buy side liquidity pool at 38.64. okay that's what this level is here at three o'clock what I'm looking for is a reason to trust that it's going to run to a pool of liquidity which I had already made known publicly in the morning session so before lunchtime even began in New York time noon you all knew my attention was on 3864. I'm not going to pull up a tweet because I want you to go into my Twitter feed on Friday and see it yourself and look at the time and the date stamp on it I never ever ever delete a tweet if I make a mistake and if I don't notice the error invariably one of my students are going to say hey did you mean this or correct it and then I'll say something to the effect or I'll like their post more or less confirming saying yes you got you understand correctly or if I noticed I made an error I'll add in addition to that tweet I'll say this is you know this is what I meant much like I did on Friday morning when I mentioned the incorrect contract month because obviously we can't trade March 2022 contract which would be in trading view the symbol you would use to pull it up would be esh2022 well you can't pull up that contract because it's expired so I made an error in calling that up it's esh2023 which is the front month right now for index features yes now if you're watching this video later on obviously you may not be able to see it so just go through the tweets and you'll see the charts and there it is and the recordings obviously show everything here all right so after three o'clock what I'm looking for is a reason to anticipate a move up into that 3864. okay so we're going to take this off because it's just more or less me glad handing with the viewers oh and uh the fact that we went up into this area so we have this five minute pyramid you got which I'm going to bring to the Forefront okay so now we see this and we also notice that in here this movement here started somewhere where did it start well we're already in the upper portion of this range from the four hour so this this range here see that Middle Point where above it which is what we want to see now don't confuse that with oh you're going along in a premium that's not a premium that's not a premium at all because we are now in the last hour with the expectation that we're going to run above that 3864 because there's buy side liquidity resting above that I drew everyone's attention that's where it's going to go why because the likelihood of us seeing a short covering rally now here's where my viewership gets divided because some of you may be may have been trading for a long time maybe you've learned from other people maybe you've adopted your own opinion about what the market does what it doesn't do how it books price which things make it move higher or lower what causes it to stay stagnant and go in consolidation the market will rally because the algorithm keeps offering a higher price and anybody that comes in at Market guess what they're getting filled at that price and as long as the algorithm keeps spooling which means it's going to keep moving and offering higher prices initially anyone short they won't be swayed by that but eventually as it just keeps grinding higher offering offering offering offering higher higher and not allowing lower prices it does not matter how many people are coming in going short that doesn't matter if the algorithm is going higher it's going higher and it's going to squeeze you out now when it doesn't suit the trader or Educator's narrative or why their pattern didn't work they will fall back on well it's because there was a shortcoming route and the market squeezed Traders out and short covering made price go up no the algorithm is pricing higher and as a default as a default participants that are covering are forced to do what buy it back to get out of their short because you have to sell to get in first when you're trying to make money going lower well anyone that's been short as this is going higher they're contemplating whether or not this is a good thing to hold on to and with the last day of the year and you want to be able to book your profit so that way you have earned your capital gains and now you can pay your taxes on it this movement here is just going to keep driving higher and higher and higher which is what I was expecting what I outlined in the recording on Friday morning and you're welcome to go through that video again with this insights that way you understand what it is I'm I'm explaining this is not buying pressure that drives it up there this pull liquidity above 3864 is the pressure okay the Market's going to go up there because that's where the orders are what orders buy stops okay anyone that's short they have a large pool of orders collectively around and just above 3864. so the algorithm sees that as an old reference point it cannot listen to me it cannot see your order it can't see my order but it Knows by its coding that that old relative equal High which is two old highs which is what I drew out on your on your charts in Twitter go back and look at you'll see it's there and you'll actually see there there also even in the morning trade around trading I make sure that that is in the it's in the filming of the screen I want to make sure that that's in there because that was the real move of the day getting up to here with the narrative that there's going to be short covering and they're going to implement a buy model that takes price higher higher higher and higher and higher and it forces it twists the arm of Traders not because of their buying pressure the algorithm is only going to tick higher in any movement down is going to be muted it's going to be small little increments how many down closed candles is there in all this not many and when they're there how big are they they're not big at all but all of the all the movement and the magnitude and velocity is all on the up close all the green candles gravitating towards that pool of liquidity resting above 3864. Okay so we anticipate this occurring based on the fact that it's the last trading day of the year people want to get their money they want to get paid and they got to square up positions that means they got to get out of wherever they're in and what's likely to be the the bias the directional aspect of the analysis Concepts it's this pool of liquidity so all this movement down here look it went outside the four hour imbalance and then went right down to and touched it right there perfect you can't get any better than that there's no improvement on that there's nothing you can add to that in terms of precision it stops exactly where I drew your attention to this is during the lead up to the last hour of trading then we have the movement here you don't have to be a buyer here you want to look for that real easy setup the real easy setup but everything's lined up perfectly the market rallies creates a smaller one balance right here now I'm going to take the 15 minute off to start cleaning up this little area in here but I want you to kind of like recall where these things are if you're doing it in your own chart you'll see it too but just for a tutorial I'm walking you through the mindset and also giving a whole lot of other things in this video that would otherwise be a very short one because I don't want to do long videos and the the future of 2023 I want them to be more concise but when it's necessary I'm going to have to obviously give you some banter so it's needed it's not that I want to make the videos longer it's for you to understand more accurately what it is I'm trying to draw your attention to so let's first get the four hour range off okay so that takes that off and we're going to take off the 15 minute so now we're left with a one minute by side and balance outside and efficiency okay look at this Candles now you're going to look right here at this number right there okay this candle is high what is that 38 39 and a quarter okay 39.25 just remember that what's the low of this candle right there 38 39.25 perfect did it go one tick below it no did it fall short of getting to the bottom of it no it went right to it what about this candle right there what was the low of that candle we're looking at this number right there okay that low is 38 39 and a quarter what about this low right there right here on that candle 38 39.25 folks that's perfect okay that is absolutely perfect you cannot argue you cannot improve upon you can't say anything could have done it better I outlined it real time it was recorded it was executed on and you seen the delivery okay if there was not an algorithm price wouldn't do that my stop loss was placed just below here right at that candle's opening why because it's going to respect that one minute fair value Gap because we've already did what this is the hourly this is the low of the fair value gap on the hour this is the high of the fair value gap on the hour chart so I've watched as it went down we went through it to touch the top here we hit it I bought it first at the top of the Fairbank Gap using that right there I wanted to go in with that and then I added more and then added one more time just to show you that I was not fearful of the stop being hit because the logic is that 60 Minute fair value Gap is now going to support it because we've already closed in the one minute there's no need for it there's no need for it why we're also running out of time it's 24 minutes 24 minutes after I'm sorry 25 minutes after three or 15 25. so now the Market's going to have to start doing what gravitate towards that liquidity up here short sellers are going to want to cover and they're going to be enticed to cover because of the algorithm repricing higher higher high higher when do I know it's really going to kick off once this shows all the bodies being unwilling to close at the low end of that 60 Minute for Vega once I see this I'm waiting for the market to want to leave this area and starts to move here and then right there this candle that's exactly what I'm looking for the Market's starting to break away take off a lot of acceleration once it does this it creates another what this is here a fair value Gap but this fair value Gap is likely to stay open what does that mean much like this Gap here I mean just just for the second here I'm going to darken up a little bit okay between this candle is high and this candle's low right there that's what I'm shading in as a rectangle the market comes completely down and fills that in right there and it does it again here and it does it again right there perfectly perfectly that's not support resistance that's not like off that's not supply and demand it is absolutely the algorithm okay and once it does this it completely closes that in and then leaves it but it starts off another Vega right as it leaves this one so it's not going to do what it's not going to be consolidation expansion reversal it's going to be consolidation expansion and continue it can consolidate and then run higher but it's not going to consolidate expansion come right back in into a retracement that's not what it's going to do the algorithm is going to leave this little area open and you watch me do two examples of it this this week I identified it before it even proved to you as the viewer it wasn't going to go back in close this in this range in or overlap what you see here this up candle that range between this candles open here and this candle's low here that one single up candle that green one let me take this off for a second this one candle gets overlapped right there so it's going up it has to do what to rebalance it has to go down so now we've done what we've offered by side delivery sell side delivery and then when we leave that range here once we get back Above This candle's low this is a balanced price range it's not it's not going back down there especially if we have one single candle pass through again where it's taking off and then we have this candle since this candle closes and we start this candle right there then I know that that Gap is there and it's going to stay open but what happens if it starts to go back down into it into this low right in here I'm going to buy it and knowing it's not going to go down here in my stop would go just below the bodies of these candles here which is what it went to next Once I trailed it up and I'm going to watch these candles paint and watch and see how they gravitate towards this pool of liquidity which was 38.53 and a half once this was filled again it's all short-term High back here buy side right there it gravitates to that one so this one's no longer salient we don't need to worry about the hourly because we've already left that range it's gone and all of the the trades and the executions which I gotta add now that little rectangle back on here because otherwise it won't show as nicely as I want to and we'll just do it with uh that's good okay and here's the five minute favorite Gap this Breakaway gap which is what this is it's a fair bag Gap but it's a breakaway Gap a breakaway Gap in this is not likely to be traded back into you don't want to see it traded back into and if we take this five minute off because now we know that that's where it's likely to occur this suddenly takes on a whole new Dynamic when you see everything I'm doing I'm buying at the top of the fair value Gap right here as it goes into it here and then I'm buying it here and here as it's tagging on a one minute candle time to time it as it hits it boom boom and then right in here I'm adding one more because this is a breaker I'm surprised most of you didn't even ask why'd you do this secondary entry right there I'm going to show you we're going to take this rectangle and just add it to this here okay and what I'm doing is I'm buying inside this up candle because what it's doing is there's a short-term low here it's going after that liquidity and rebalancing here there and it runs up now it's a balanced price range it should not enter this area again and then we have one single candle passing through on the outside that's a break we got you don't find that in any of your retail books folks and I'm leaving other parts of it out because it's going to be in my books I know some of you who's already out there trying to write Amazon books and put my stuff out there and not even crediting me yeah I'm going to be in your reviews trust me so the running up into the buy sell liquidity here you can see as we hit it there you go so let's put the lipstick on as you would expect to see if it was a real execution it would look like that okay and all of the entries were done inside the final hour of trading and the liquidity was filled almost two minutes late technically I was expecting these candles to reach up in there as we were getting to the four o'clock hour but Humanity in me it caused me to be about two minutes or so off but that's okay I guess so I mean it's it's good to me I call it a Miss but you know that's what I strive for for levels of precision don't you try to do those types of things because it's going to take you decades to get to this level but this is what we do we look for opportunities where the algorithm is going to seek liquidity we're not looking for patterns we're not looking for harmonic things we're not looking for you know any kind of trend line analysis you know none of that stuff it's the raw market algorithmically and it repeats over and over and over again there's certain times of the day it will repeat and then there's certain times the market will be expected to do something and then we have to decide whether or not we're going to reverse or stay out in the beginning if you're new it's better for you to err on the side of well I'm going to go with staying out and just observe don't reverse but with experience sometimes not all the time sometimes you'll find it's a good opportunity to reverse if your analysis doesn't pan out or it doesn't come to fruition aversed Trader in price action and understanding what they're doing they may go in and fade their initial analysis and reverse and do something entirely different I've done that I've executed that I've done it in front of other people but generally as a rule of thumb if you're new you don't want to go when you're thinking okay I was wrong let me go the other direction and that's how you blow your account and if you are a funded Trader you've accumulated a funded account through all these funded prop firms you certainly don't want to be doing that if you're a funded Trader never ever ever ever ever reverse just stay out and wait for the next session what does that mean if you're trading the morning session between 8 30 and 11 you want to be looking to make your money or your trade there if you lose there okay be done and wait for the afternoon session but what happens if your analysis in the morning you're expecting it to go up and it starts to go down don't don't reverse wait because if it's going to be a reversal of your analysis and if you're using what I'm teaching chances are you're probably gonna have something really nice in the PM session it's going to be cleaner than the morning let everybody else get chopped up and banged around if if everybody's thinking it's going to go One Direction many times the market will create these opportunities where you'll get like a broken wing trick like a robin you ever see a robin when they're out there on the ground and they're trying to teach their babies how to fly if they see you and they're always going to see you before you see them they'll start tweeting and put their wing out like it's broken and that's going to draw the attention of you the predator in their eyes to them and it they'll move real slow away from their baby and you'll chase after that because you see it and hear it oh it's an easy prey let me go get that and as you get closer to it right before you get close enough to it it flies away there's nothing wrong with it the market does those types of Tricks so as a neophyte as a new Trader you don't want to be in there falling victim to the robin okay you're getting out there chasing something you think is easy and then oh let me go back to hunting the baby okay let me reverse and do something else you shouldn't do that at all just just wait wait to the next trading session and if you try to have a expectation in the PM session PM session is two o'clock to four o'clock you can reduce that down into the last hour trading every single trading day that's worth its weight in trading this type of move is going to be there there's going to be a run to an old high or an old low or an imbalance okay it's going to be something to that effect there's no other complication to this I know a lot of people like to criticize because they don't really know what I'm doing they watch a few videos and they listen to me because I'm very long-winded I'm long-winded because I have lots of experience I have lots of things to teach and you think it's just a matter of knowing when to buy and sell when is these Candles now because the new flavor is how does ICT know when these candles are not going to fill in because everybody thinks they're liquidity voids they're not okay it's a matter of layering experience on circumstances that permit me to use it so you can see clearly I know what I'm looking for I executed on it I even explained it beforehand in the charts tells you exactly the levels that the market would use and look how they reacted and you can't deny that you can't even argue with it there's no denying it there is an algorithm yes yes indeed there is and you're talking to somebody that knows it like the back of their hand and I'm improving it there's nobody else out there that has the authority to be teaching smart money Concepts because they're mine I authored them these are my Coatings these are my things all of these signatures are mine so writing books and making courses and mentorships trying to teach something that you have no complete understanding of is foolish stop doing harm to other people teaching things you don't know because you don't know this year I'm making myself available to all of you it's your job it's your responsibility to be diligent and show up every day if you choose not to do what I tell you to do and you want to do something else or if you want to break the rules and bend the logic and try to make it you know do something different so you can call it your own thing you're going to fail trust me you're going to fail it's as simple as that during these moves like this you're going to see people out there on live streams that they're trying to sell short why you don't know how to trade them you're going against the underlying order flow you're going against the very algorithm that some of these people believe that you're trading with they are not they are not all you have to do is sit back bring a notepad be prepared to have a lot of insight and during the live sessions I won't be doing a lot of the talking like I'm doing here this is making sure I'm preparing your expectations I'm only going to be talking when it's salient that's it but we're going to be looking at a five minute and a one minute chart I'm going to annotate everything top down so that way the things are there on the chart so that we understand what I'm looking for then on the left side or the right side I'm having decided on how I'm going to do it but I'm going to split my screen and there'll be a five minute chart and there'll be a one minute chart we will not need to look at a 15 an hour a four hour in a daily chart all of the reference points will be already on the chart on the five in a one minute chart so it allows me to keep your focus on what is important to be monitoring right then and there and in every individual candle I'll reference something that's useful is you know for instance if we saw this movement here and let me go back and add the execution okay I'm not going to push the button in front of you because I don't want to entice any of you to take a trade I don't want that responsibility and I'm not front running anything everything that I do during the live sessions they are going to be days that I'm not pushing the button my myself I'm not going to be doing anything Live account I'm not going to be doing it in a demo account that way I'm not pumping and dumping I'm not influencing anybody because there's a lot of people that follow this Channel and if it is going to be big and there's a lot of people following the channel I don't want to have anybody to accuse me of oh I'm front running I'm going to get in the market then tell you I think it's going to go up so all of you do what bye bye bye bye bye and then I get out and then I tell you okay this is probably a good time to get out after I've already got out see that's scamming that's fraud I don't do those things I do absolutely nothing like that I will not do anything like that that's why I've always taught in demo that's why I've always shown paper trading until this year I showed you a live account where it was 100 return in five weeks so you know it this stuff works and you don't have to be perfect to do well you don't have to be everyday Trading you don't have to be in every single move and don't get caught up in the Trap of looking at social media even my execution don't look at my executions and think that's a barometer for how good I need to be right now because that's unrealistic you shouldn't have that mindset at all you want to be looking for where can I find five handles start there okay because if you can consistently hit that a few times a week that's well you can do very well with that if you just trade One Mini contract on ES if you move from well going along at 48.47 okay from 4847 to 48 48 that's 50 dollars that would be a profit from the time I entered the trade at 38.47 the measure of drawdown on that low is one point the lowest 46. no I'm sorry I'm saying that incorrectly no I'm right see what I doubt myself 38 47 is where I got in and the lowest drawdown in the movement here the low of that candle is 46. so I had one one point drawdown using a breaker okay the breaker is this low high lower low and then leaves it okay what am I you know what am I trading it didn't really leave ICT it left the high of this body see that's the part I'm talking about you think you know order block Theory it will all be in my book okay I promise you but you don't need that okay it's not a sales pitch for the book okay that's like my last gift the community okay and yeah I'm gonna do it with a price tag but it's more or less to put the signature on that everybody else that's tried to rush out there and put things in the print that's all garbage and I'm gonna eviscerate all that okay because it's all nonsense it's not the last down closed candle before they help me move it's not the it's not the last upload Scandal before the download there's other things you got to know I purposely left things out because of that I knew people out here were doing all this creating new courses and and revamping things okay that I've taught that are unique to me and just change the name and and to me admit the idea that they learned it from me so if you know how to do it folks you know here's your chance to get out there in 2023 and do what you're about to see me do okay because I guarantee Mt you're not going to see anybody else do what I'm going to show you you're not going to see it you're not going to be anywhere near this as precise you're not going to be as consistent and that's a testimony because if someone's out there is selling a signal service which is absolutely in my opinion required to show a track record if you're going to be doing signal services and and something to that effect you need to be showing a Tracker this is what I've done and this is why you should invest in my signals but if you go out there and you just show an mt4 here's a list of Trades that I did and this is how this is why you should subscribe to me or I should teach you because I show you this no you need to be watching them Engage The Marketplace use a real stop loss trade management and then show the logic that supposedly is behind their methodology because I am of the opinion that I'm the only one that's doing that and you can Snicker and say oh but you're only doing it in a paper trading account on trading deal you're right you're absolutely right and you can only trade live data on trading View I'm doing it for compliance Reasons I'm not a licensed financial advisor so everything I talk about is price action and price action is paper trading and demo now the astute pupil will sit back over time and realize okay yeah these things work in real-time data it matters not that it's being done with the Live account it matters if there is consistency is there Precision does it work does the logic repeat over and over and over again and yes you saw that in 2022 and in 2023 you're going to see it in 4K resolution now at some point you're going to make a decision whether or not you want to transition from playing in a demo account playing in a paper trading account to live Trading you make that decision on your own I never ever tell any of my students to do it in fact I preach against it because 90 of the time you're not ready you're gonna feel like you are because you're impulsive you want to get out there and do it right away you want to start making money because you think that's going to be the answer to your depression and the feeling of not being who you really want to be when who you really want to be is someone that's not driven by the money you're driven by discipline you know anyone to do something when not to do something look at this chart for a second okay and I'm going to close this one look at the time I'm highlighting here okay when you look at charts here's the actual close of the session okay but I like to see things go to the four o'clock hour but there's always a little bleed over because at 4 15 that's when the closing bell occurs and they'll have it on every candle I apologize okay so there is the last hour and 15 minutes of trading your setup is going to form in the last hour between three o'clock and four o'clock if you don't have a setup okay if you don't have a setup by 10 minutes before don't do anything don't do anything just observe it but generally you're going to find between 315 and 345 which would be in New York time one trading view which would be 1515 that is like a little tiny small sweet spot where if I know where I'm looking for for liquidity above the marketplace if I'm bullish below the marketplace if I'm bearish or that there's an imbalance what is an imbalance something like this okay this is an imbalance that's an imbalance what kind of an imbalance buy side imbalance cell side and efficiency buy time and balance cell sign inefficiency okay I'm looking for that as a draw on price it's going to pull it up to get back into one of these areas like it did here or it's going to go up above an old high so it's going to go to pools of liquidity above an old high or relative equal highs or below an old low or relative equal lows or it's going to go back to an area where it needs to revisit in a sense of repricing for the purpose of rebalancing and simply because it goes back down in here that's not rebalanced it's balancing but it's rebounds once you leave it because it then becomes a balanced price range so that's what this that's the difference between me and what other Educators might say and I bring their receipts so there's that hopefully you found that insightful and I'm sure we'll be back at it again this is only the only installment we're going to have for this week and I will probably share something with you next week and then we'll build into a a more consistent pattern in a real-time analysis and markups and such will begin on February 7th of 2023 until then it'll just be one week one video per week where I'm addressing something kind of like warming you up to it what should you be doing between now and February 7th watching the playlists that I told you to watch at the beginning of the video you should be subscribed to Twitter I promise I'm not going to Tweet a lot I'm only going to be using it to draw your attention to something okay so don't be don't be afraid to have Twitter and have the alerts and notification set because I'm using it to get your attention I cannot do that with YouTube sometimes YouTube when I make a post to my community post it doesn't always Reach people timely Twitter is like me texting you to your phone okay it'll be right there you can see it it may be a link to a chart it may be a picture of a chart it may be a comment or something to draw your attention to or a schedule change okay so that way you know it's important for you to have the following on my Twitter account if you don't have that you're not going to be up to the minute with knowing what I'm thinking what I'm about to do or what I'm scheduling okay that's how you know my schedule I'm not going to be doing any kind of scheduling through YouTube you're only going to know it through Twitter so until talk to you next week Happy New Year and I look forward to teaching you amazing things real time

2023-01-07 14:19

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